Online Access Free 1Z0-522 Exam Questions

Your client wants to utilize the subledger field to track costs in their general ledger. In what way do transactions with subledgers differ from transactions without subledgers?

• A.Subledger accounts are always a permanent part of your chart of accounts.
• B.Transactions with subledger always create additional records in the Account Balance table.
• C.Transactions with subledgers create additional records in the Account. Balance table when the posting edit code is set to do so.
• D.Subledger transactions post to different object accounts rather than the same accounts.
• E.Subledger transactions create additional records in the Account Master table.

A client uses multiple banks' accounts in their Accounts Payable System. The client wants the correct bank account number to be supplied by the system when they enter vouchers. What is the best choice to accomplish this function?

• A.Set up G/L offset in the Supplier Master and set up PByyyy and Pcyyyy.
• B.Set up 6/L offset in the Supplier Master and set up PByyyy only.
• C.Set up G/L offset hi Supplier Billing and set up PByyyy and PCyyyy.
• D.Set up G/L offset in the Supplier Master and set up PCyyyy only.
• E.Set up bank account information to override PB.

Your client is requesting that an error message be created when trying to void those Vouchers with Purchase Orders. Select two programs that would be controlled by processing options to disallow void of vouchers created with Purchase Orders.

• A.Supplier Master Information
• B.Standard Voucher Entry
• C.Supplier Ledger Inquiry
• D.Supplier Payment Inquiry
• E.Speed Voucher Entry

Which three statements related to the Journal Entry Reversal Control functionality are TRUE?

• A.Journal Entry Reversal functionality is commonly used for entering accrual journal entries
• B.Enter a journal entry reversal the last day of the previously closed period.
• C.Enter a journal entry reversal the last day of the next period.
• D.Enter a journal entry reversal the first day of the next period.
• E.A reversal journal will cause duplicate journal entries.

You have created a Deduction record. What occurs in the system when you enter a deduction?

• A.The open amount of the invoice is reduced by the amount of the deduction and the system assigns a pay status of H to the invoice.
• B.The system creates an R5 document for the amount of the deduction and generates an unposted batch type of D.
• C.The system creates an R5 document for the amount of the deduction and stores it in the deduction Management Table F03B40.
• D.The system creates an R5 document for the amount of the deduction and generates an unposted batch type of IB.
• E.The system creates an R5 document for the amount of the deduction and generates an unposted batch type of RB.